AIG beats 3Q 2014; Equity Trading up Fractionally in the After-Hours

Shares of American International Group, Inc. AIG are trading up fractionally on its latest earnings numbers.  

Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.21 per share.  For the 3Q 2014, AIG reported net income of $2.19 billion, or $1.52 per share, compared with net income of $2.17 billion, or $1.46 per share, a year earlier. A gain of 0.92 percent and 4.11 percent respectively.

After-tax operating income rose to $1.7 billion, or $1.21 per share, in the quarter ended Sept. 30, from $1.4 billion, or $0.96 per share, a year earlier.

AIG also declared a dividend of 12.5 cents per share. Shares buy back of $1.5 billion.